Apartment association · Haapsalu linn

Aiavilja tn 3 apartment association

Haapsalu linn, Aiavilja tn 3 korteriühistu (registry code 80449346) manages a 3-storey block building built in 1990 with 18 flats. According to its 2025 annual report, the association's long-term liabilities were €367,374 (€314 per m² of flat space) and it held €18,875 in cash. In 2024 long-term liabilities rose from €0 to €379,626 — usually a sign of a renovation.

Board

The association is run by Haapsalu Linnamajanduse Aktsiaselts.

B
Association grade
B · good
Haapsalu linn: ranked 49 of 199 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash bufferaverage
cash next to the loan, 3-year average
Managementgood
reports filed on time · professional manager

Building

Built
1990
Storeys
3
Construction
block
Flats
18
Lift
no
Heating
district heating
Energy class
  • A
  • BB2022
  • C
  • DDvalid until 17.05.2033
  • E
  • F
  • G
  • H

Building page: Aiavilja tn 3 →

Long-term liabilities
€367,374
as of 31.12.2025
Liabilities per m²
€314
similar buildings with a loan €48
Cash
€18,875
€16/m² · similar €16/m²
Income per m² a month
€29.39
similar buildings €0.99

Compared with similar buildings: Haapsalu linn, built 1985–1995, block (23 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
0 €/m²20190 €/m²20200 €/m²20210 €/m²20220 €/m²2023324 €/m²new loan2024314 €/m²2025

Loan principal repayment is an estimated €0.87 per m² of flat space a month, about €44 a month for a 50 m² flat (interest not included) — more than 82% of associations repaying a loan. The median is €0.52 in Estonia and €0.43 in Haapsalu linn. At the current pace the loan will be repaid around 2056.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€367,374€30,361€18,875€412,669€2,810
2024€379,626€27,312€17,218€438,815€3,211
2023€0€15,762€15,138€27,535€2,810
2022€0€26,635€26,736€6,787€2,810
2021€0€16,062€16,895€7,461€2,810
2020€0€6,167€7,235€38,544€2,810
2019€0€29,560€30,967€12,306€2,810

Compared with similar buildings (Haapsalu linn, built 1985–1995, block; 23 associations), long-term liabilities per m² of flat space are higher than 96% of them. The median for buildings with a loan is €48/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
–Kopli tn 431998 · 4 flatsno reports
CAiavilja tn 101988 · 12 flats€41,058€14,6512025
CAiavilja tn 10a1988 · 5 flats€0€8,4762025
–Aia tn 2c1983 · 8 flatsno reports
–Aia tn 2b1974 · 8 flats€0€2,3732022
CPotissepa tn 11985 · 18 flats€0€46,4612025
–Kopli tn 121895 · 3 flatsno reports
–Aia tn 2a1971 · 8 flatsno reports

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €367,374 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €18,875.

When was the building built?

According to the building register, it was first used in 1990 and has 3 storeys.

Who is on the association's board?

According to the business register, the association is run by Haapsalu Linnamajanduse Aktsiaselts.

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.